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I think it's fairly important. For a long time, but seemingly at an ever-accelerating rate since GWB came in to power, the White house has been adopting a "We can do what we want and not give a damn about laws or congress or the people" stance. It's way overdue that they got called on it.
Of course, this isn't really even a minor speed-bump to that momentum but resistance to it has to start building now (though, again, it's way overdue)
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I once considered creating a service which would provide time-locks. Request a public key and at some time in the future the corresponding private key would be made public. Encrypt what you want and leave it wherever public you want. Of course, you have to do some management to re-encrypt things if you're using it as a dead-man's switch but the principle is sound.
After a little consideration though, I decided that the risk from those who wanted private keys released ahead of time just wouldn't be worth it.
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That would require them to own that much in bitcoin which in itself would mean the currency was pretty much fubared.
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I completely agree with that. One of our local politician leader is trying to promote the nationalization of our resources since, like he said: "What nobody has made should be owned by everybody."
And controlled by a privileged few. |
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Isn't SOP that the raw resources are the property of the state but they lease the rights to exploit (often for next to nothing admittedly).
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I don't trade on Mt.Gox directly, so if everyone wants to move that's fine by me!
Nor I. I wasn't proposing abandoning mtgox either, just that there appears to be an opportunity for someone to take advantage of. |
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If Mt. Gox can keep it's shit together, up. It seems people stop buying when the lag hits, but people get scared about not knowing what's happening and sell to be on the safe side. I blame Gox for bringing us below $45 again.
Time for another exchange, maybe? Nothing wrong with a bit of competition and it means less chance of a single point of failure. You may well be right. I know if I started losing control of my funds, I would be looking to get them out ASAP. |
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This thread is pretty pathetic. If this is really the sum total of what this forum has to offer in defense of technical analysis then it really paints it in a much worse light than I originally thought.
I'm sure it has its uses. The problem is, people tend to think "Look, something we can measure and fit a curve to, let's apply it to everything". You need to know what you're using, why it is what it is and if, why and how it applies to Y when it was derived from X. If you want an example from a hard science outside the field, look at the black body radiation curve. Classical physics produced models that didn't match reality. Einstein came along and resolved the conflict by inventing the quantization of electromagnetic radiation. Just because something works in one scenario, doesn't mean it'll work in another. Planck* Planck assumed that the energy of the oscillators in the cavity was quantized, Einstein took it to the quantization of electromagnetic radiation. I did unfairly leave out Planck though so good observation. |
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This thread is pretty pathetic. If this is really the sum total of what this forum has to offer in defense of technical analysis then it really paints it in a much worse light than I originally thought.
I'm sure it has its uses. The problem is, people tend to think "Look, something we can measure and fit a curve to, let's apply it to everything". You need to know what you're using, why it is what it is and if, why and how it applies to Y when it was derived from X. If you want an example from a hard science outside the field, look at the black body radiation curve. Classical physics produced models that didn't match reality. Einstein came along and resolved the conflict by inventing the quantization of electromagnetic radiation. Just because something works in one scenario, doesn't mean it'll work in another. |
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Stuck between 40-45 for the past 10 hours
I want to heard the voodoo from people... what's the next move? UP or DOWN?
Yes. What a committed answer!!! Jeez, man... OK... Definitely yes! |
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The less people mining, the more money I make.
You should double your order. Then you could mine twice as many bitcoins with the equipment you don't have. |
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So the misallocation of resources and its consequences does not affect you just because you dont use dollars?
For example, for those people who bought a house, the house price should fall sharply due to over supply, but now FED is supporing mortgage market with monthly buy, so actually many people have benefited from this resource misallocation In other words, for those people who have a house but no desire to move, no benefit (other than on paper) is accrued. Meanwhile, those who want to buy a house and would otherwise be able to afford it, are screwed. |
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dude nice waster of bableber there
bfl has 75k chips in preorder with is like 700th with avalon prime etc its 1000th payd for already
aka ul be making 2 cois a day with a minirig
i think thats somes up ur monolouge
Wow, who gimbled your mimsy? |
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Stuck between 40-45 for the past 10 hours
I want to heard the voodoo from people... what's the next move? UP or DOWN?
Yes. |
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EDIT: If you look at height of the bitcoin volume during the crash , it has been getting smaller and smaller. One reason for that it less people now are holding large amount of bitcoins than before and bitcoins are getting distributed to more hands that don't get scared quite easily.
It doesn't take a scare even. Even if you're fairly bullish on bitcoin, if you hold a lot of them, it's possibly not a bad idea to sell some while the price is fairly good. |
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You can buy a lot of bananas for one BTC.
If bananas are $0.19 each at Trader Joes, that means you can feed 217.37 monkeys for one BTC. It's amazing to think how far we've come. There was a time when all 10,000 BTC could get you was a single pizza... Now that much BTC could feed over TWO MILLION MONKEYS! Now we just need to work out how to get monkeys to make pizza! And leave the poop out. |
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I hear a voice, it's coming from the other side. It's Susan, her name's Susan. You have a sister called Susan, or you know someone called Susan. Or your sister does. And she died recently, or she was very poorly, this Susan. Or Sarah. She says Bitcoin's crashing all the way to 5. Or maybe it's 35. The ether is subject to strange perturbations. Do you know a Simon maybe?
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While I can understand politics, I find it disturbing that we are being conditioned to care more for civilians in our own country than that of others.
I am of course talking about using drone strikes on people in other countries in the first place.
You're not wrong. On the other hand, charity begins at home (or, in this case, respect for the rule of law). |
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What do you mean by "area denial weapons?' What about automated turrets that give a warning before "denying" entry?
I think he mostly means mines. Which I think are definitely a thought-worthy subject. On the one hand, a useful military tool, on the other hand, the civilian aftermath is simply unacceptable (though our modern predilection for pretending that civilians are not part of the conflict is somewhat naive and, given what's going on in the middle east, something most of us seem to prefer to be in denial about). |
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